Shadow Pricing of Electric Power Interruptions for Distribution System Operators in Finland

Energies

Hao Chen¹  Matti Lehtonen²  Niyazi Gündüz²  Sinan Küfeoğlu³ 

[1] Center for Energy and Environmental Policy Research, Beijing Institute of Technology, Beijing 100081, China;Department of Electrical Engineering and Automation, Aalto University, Espoo 02150, Finland;Energy Policy Research Group, Judge Business School, University of Cambridge, Cambridge CB2 1AG, UK;

关键词: power interruption;    distribution system operator;    interruption cost;    shadow price;   

DOI  :  10.3390/en11071831

来源: DOAJ

【 摘 要 】

Increasing distributed generation and intermittencies, along with the increasing frequency of extreme weather events, impose a serious challenge for electric power supply security. Understanding the costs of interruption is vital in terms of enhancing the power system infrastructure and planning the distribution grid. Furthermore, customer rights and demand response techniques are further reasons to study the worth of power reliability. In this paper, the authors make use of directional distance function and shadow pricing methods in a case study of Finland. The aim is to calculate the cost of one minute of power interruption from the perspective of the distribution network operator. The sample consists of 78 distribution network operators from Finland, and uses cost and network information between 2013 and 2015.

【 授权许可】

Unknown